Friday, March 29, 2024

Bouncing back

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The pandemic has set back Barbados’ economy 20 years. But the country is on a strong path to recovery.

That came from senior economic adviser to Government, Dr Kevin Greenidge yesterday.

‘We have lost 14 per cent of the economy. That is no small feat for any country. This puts us back to [a] 2008 size economy in normal terms and 1994 . . . 1995 in real terms.’’

Greenidge said that the fiscal position of Government “is now sound and stable” and can now meet their obligations. (NS)

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